Company Valuation: Mercedes-Benz Group AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 72,310 65,688 65,111 50,816 57,467 44,383 - -
Change - -9.16% -0.88% -21.95% 13.09% -22.77% - -
Enterprise Value (EV) 1 51,305 39,051 33,452 19,399 25,305 15,454 15,805 13,075
Change - -23.89% -14.34% -42.01% 30.45% -38.93% 2.27% -17.27%
P/E Ratio 3.14x 4.53x 4.65x 5.28x 11.2x 8.12x 6.38x 5.49x
PBR 1x 0.77x 0.72x 0.58x 0.62x 0.48x 0.46x 0.44x
PEG - -0.1x -7x -0.2x -0.2x 0.8x 0.2x 0.3x
Capitalization / Revenue 0.43x 0.44x 0.42x 0.35x 0.43x 0.34x 0.32x 0.32x
EV / Revenue 0.31x 0.26x 0.22x 0.13x 0.19x 0.12x 0.12x 0.09x
EV / EBITDA 1.42x 1.45x 1.27x 0.95x 1.94x 1.09x 0.96x 0.74x
EV / EBIT 1.76x 1.91x 1.7x 1.43x 4.35x 2.2x 1.79x 1.33x
EV / FCF 5.96x 4.8x 2.96x 2.12x 4.67x 3.54x 2.85x 2.09x
FCF Yield 16.8% 20.8% 33.8% 47.2% 21.4% 28.3% 35% 47.8%
Dividend per Share 2 5 5.2 5.3 4.3 3.5 3.444 3.596 3.999
Rate of return 7.4% 8.47% 8.47% 7.99% 5.83% 7.17% 7.49% 8.33%
EPS 2 21.5 13.55 13.46 10.19 5.34 5.91 7.525 8.746
Distribution rate 23.3% 38.4% 39.4% 42.2% 65.5% 58.3% 47.8% 45.7%
Net sales 1 167,971 150,017 153,218 145,594 132,214 132,144 136,707 140,391
EBITDA 1 36,049 26,979 26,323 20,371 13,043 14,194 16,380 17,594
EBIT 1 29,069 20,458 19,660 13,599 5,820 7,012 8,852 9,829
Net income 1 23,006 14,501 14,261 10,207 5,141 5,610 6,935 7,767
Net Debt 1 -21,005 -26,637 -31,659 -31,417 -32,162 -28,929 -28,578 -31,308
Reference price 2 67.59 61.40 62.55 53.80 60.07 48.02 48.02 48.02
Nbr of stocks (in thousands) 1,069,837 1,069,837 1,040,937 944,530 956,669 924,351 - -
Announcement Date 2/24/22 2/17/23 2/22/24 2/20/25 2/12/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.13x0.12x1.13x7.17% 51.39B
9.1x1.33x12.08x3.68% 226B
13.45x1.43x15.33x1.87% 90.64B
6.83x0.35x2.8x0.92% 73.49B
22.9x0.31x4.18x4.06% 59.13B
27.01x1.46x8.21x2.11% 51.79B
4.48x0.02x0.22x6.78% 51.59B
6.33x-0.05x-0.36x5.98% 47.11B
23.61x2.21x15.19x0.96% 35.78B
16.69x0.59x6.94x4.97% 34.29B
Average 13.85x 0.78x 6.57x 3.85% 72.1B
Weighted average by Cap. 12.33x 0.91x 8.09x 3.63%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. MBG Stock
  4. Valuation Mercedes-Benz Group AG
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